2129 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 3 bath
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Mesa, AZ 85206
This Modernized Turnkey Residence is a High-Potential Investment Opportunity, listed at $488,000—positioned well below the $556,135 Fair Market Value by 12%. This valuation gap secures $68,135 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features a remodeled granite kitchen, new energy-efficient windows, and mountain views on an oversized 13,383 sqft lot. Located near 9/10 rated Franklin Elementary, it perfectly balances luxury living with financial upside. This is an elite acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2129 LEISURE WORLD -- Subject | $488,000* List Price | 3 | 3 | 2,046 | $280 | - |
A 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.7 mi |
B 2633 LEISURE WORLD -- Sold | $595,000 | 3 | 2 | 2,011 | $296 | 0.8 mi |
C 5321 E DELTA Avenue Sold | $450,000 | 3 | 2 | 1,589 | $283 | 0.8 mi |
D 1007 LEISURE WORLD -- Active Under Contract | $425,000 List Price | 3 | 2 | 1,667 | $255 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern quality standards. Key updates include a fully remodeled kitchen with white shaker cabinetry, granite countertops, and a glass tile backsplash, as well as updated bathrooms with matching finishes. The home features new vinyl plank flooring, updated lighting, and new energy-efficient windows throughout. Although built in 1987, the comprehensive interior overhaul and lack of deferred maintenance qualify it for an excellent condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13383, living area = 2046.
Elementary School: Franklin Elementary School (9/10).
The home features a fully remodeled kitchen with granite countertops and white shaker cabinetry, complemented by new vinyl plank flooring and updated lighting for a contemporary, move-in-ready feel.
Built in 1987, the property may soon require capital improvements to major mechanical systems or roofing that were not explicitly listed as updated.
The $370 association fee and the specific lifestyle regulations of the Leisure World community may limit the buyer pool and increase the total monthly carrying cost.
Set within the vibrant, gated community of Leisure World, this home offers a beautifully updated residence on an oversized lot with mountain views and exceptional privacy. New versatile windows throughout provides lots of natural light and include a transferable lifetime warranty. Updated lighting and vinyl plank flooring create a bright, welcoming atmosphere designed for comfort and ease. Your floor plan offers a natural flow with formal living and dining spaces, along with a separate family room that works equally well for everyday living or entertaining. The remodeled kitchen anchors the home, featuring tall white shaker cabinetry with soft close construction, granite countertops, a glass tile backsplash, and a large peninsula ideal for gathering.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 1.5 mi
Grades K-6 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 2,046 | 1,704 | 80% |
| Lot Size | 13,383 | 7,475 | 96% |
| Price | $488.0K | $277.0K | 89% |
| Price per sq ft | $239 | $149 | 67% |
| Built year | 1987 | 1985 | 52% |
| HOA | $370 | $290 | 68% |
| Days on market | 70 | 2306 | 1% |
Apr 6, 2026
$488,000
Initial Listing